Seagate Technology (STX) Financials

$117.34 +0.29 (+0.25%)

Closing price 05/28/2025 04:00 PM Eastern

Extended Trading

$118.06 +0.72 (+0.61%)

As of 07:48 AM Eastern

Annual Income Statements for Seagate Technology

This table shows Seagate Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/28/2024	6/30/2023	7/1/2022	7/2/2021	7/3/2020	6/28/2019	6/29/2018	6/30/2017	7/1/2016	7/3/2015
Net Income / (Loss) Attributable to Common Shareholders	335	-529	1,649	1,314	1,004	2,012	1,182	772	248	1,742
Consolidated Net Income / (Loss)	335	-529	1,649	1,314	1,004	2,012	1,182	772	248	1,742
Net Income / (Loss) Continuing Operations	335	-529	1,649	1,314	1,004	2,012	1,182	772	248	1,742
Total Pre-Tax Income	445	-496	1,679	1,348	1,032	1,372	1,418	815	274	1,970
Total Operating Income	452	-342	1,955	1,492	1,300	1,487	1,634	1,054	445	2,058
Total Gross Profit	1,536	1,351	3,469	2,917	2,842	2,932	3,364	3,174	2,615	3,809
Total Revenue	6,551	7,384	11,661	10,681	10,509	10,390	11,184	10,771	11,160	13,739
Operating Revenue	6,551	7,384	11,661	10,681	10,509	10,390	11,184	10,771	11,160	13,739
Total Cost of Revenue	5,015	6,033	8,192	7,764	7,667	7,458	7,820	7,597	8,545	9,930
Operating Cost of Revenue	5,015	6,033	8,192	7,764	7,667	7,458	7,820	7,597	8,545	9,930
Total Operating Expenses	1,084	1,693	1,514	1,425	1,542	1,445	1,730	2,120	2,170	1,751
Selling, General & Admin Expense	460	491	559	502	473	453	562	606	635	857
Research & Development Expense	654	797	941	903	973	991	1,026	1,232	1,237	1,353
Amortization Expense	0.00	3.00	11	12	14	23	53	104	123	129
Restructuring Charge	-30	102	3.00	8.00	82	-22	89	178	175	32
Other Special Charges / (Income)	0.00	300	0.00	0.00	-	-	-	-	-	-
Total Other Income / (Expense), net	-7.00	-154	-276	-144	-268	-115	-216	-239	-171	-88
Interest Expense	361	123	249	220	201	224	236	222	193	207
Interest & Investment Income	15	10	2.00	2.00	20	84	38	12	3.00	6.00
Other Income / (Expense), net	339	-41	-29	74	-87	25	-18	-29	19	113
Income Tax Expense	110	33	30	34	28	-640	236	43	26	228
Basic Earnings per Share	$1.60	($2.56)	$7.50	$5.43	$3.83	$7.13	$4.10	$2.61	$0.83	$5.38
Weighted Average Basic Shares Outstanding	209M	207M	220M	242M	262M	282M	288M	296M	299M	324M
Diluted Earnings per Share	$1.58	($2.56)	$7.36	$5.36	$3.79	$7.06	$4.05	$2.58	$0.82	$5.26
Weighted Average Diluted Shares Outstanding	212M	207M	224M	245M	265M	285M	292M	299M	302M	331M
Weighted Average Basic & Diluted Shares Outstanding	420.39M	207.39M	417.51M	455.21M	514.92M	282.20M	288.30M	295.80M	298.80M	323.80M

This table shows Seagate Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/28/2025	12/27/2024	9/27/2024	6/28/2024	3/29/2024	12/29/2023	9/29/2023	6/30/2023	3/31/2023	12/30/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	340	336	305	513	25	-19	-184	-92	-433	-33	29
Consolidated Net Income / (Loss)	340	336	305	513	25	-19	-184	-92	-433	-33	29
Net Income / (Loss) Continuing Operations	340	336	305	513	25	-19	-184	-92	-433	-33	29
Total Pre-Tax Income	355	350	316	538	58	-4.00	-147	-85	-400	-38	27
Total Operating Income	431	488	403	314	143	124	-129	26	-315	-160	107
Total Gross Profit	760	812	714	600	425	362	149	304	319	246	482
Total Revenue	2,160	2,325	2,168	1,887	1,655	1,555	1,454	1,602	1,860	1,887	2,035
Operating Revenue	2,160	2,325	2,168	1,887	1,655	1,555	1,454	1,602	1,860	1,887	2,035
Total Cost of Revenue	1,400	1,513	1,454	1,287	1,230	1,193	1,305	1,298	1,541	1,641	1,553
Operating Cost of Revenue	1,400	1,513	1,454	1,287	1,230	1,193	1,305	1,298	1,541	1,641	1,553
Total Operating Expenses	329	324	311	286	282	238	278	278	634	406	375
Selling, General & Admin Expense	139	139	129	131	116	108	105	114	123	125	129
Research & Development Expense	180	184	181	158	164	161	171	172	191	200	234
Restructuring Charge	10	1.00	1.00	-3.00	2.00	-31	2.00	-8.00	20	81	9.00
Total Other Income / (Expense), net	-76	-138	-87	224	-85	-128	-18	-111	-85	122	-80
Interest Expense	81	84	85	82	82	84	113	101	78	-127	71
Interest & Investment Income	4.00	8.00	7.00	7.00	3.00	3.00	2.00	6.00	2.00	1.00	1.00
Other Income / (Expense), net	1.00	-62	-9.00	299	-6.00	-47	93	-16	-9.00	-6.00	-10
Income Tax Expense	15	14	11	25	33	15	37	7.00	33	-5.00	-2.00
Basic Earnings per Share	$1.60	$1.58	$1.45	$2.45	$0.12	($0.09)	($0.88)	($0.45)	($2.09)	($0.16)	$0.14
Weighted Average Basic Shares Outstanding	212M	212M	211M	209M	210M	209M	208M	207M	207M	206M	208M
Diluted Earnings per Share	$1.57	$1.55	$1.41	$2.43	$0.12	($0.09)	($0.88)	($0.45)	($2.09)	($0.16)	$0.14
Weighted Average Diluted Shares Outstanding	216M	217M	216M	212M	213M	209M	208M	207M	207M	206M	210M
Weighted Average Basic & Diluted Shares Outstanding	212.22M	211.71M	211.53M	420.39M	209.99M	209.51M	209.18M	207.39M	207.08M	206.48M	206.45M
Cash Dividends to Common per Share	$0.72	$0.72	$0.70	-	$0.70	-	$0.70	$1.40	$0.70	$0.00	$0.70

This table details how cash moves in and out of Seagate Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/28/2024	6/30/2023	7/1/2022	7/2/2021	7/3/2020	6/28/2019	6/29/2018	6/30/2017	7/1/2016	7/3/2015
Net Change in Cash & Equivalents	572	171	-594	-513	-527	394	-686	1,411	-1,354	-152
Net Cash From Operating Activities	918	942	1,657	1,626	1,714	1,761	2,113	1,916	1,680	2,650
Net Cash From Continuing Operating Activities	918	942	1,657	1,626	1,714	1,761	2,110	1,916	1,680	2,650
Net Income / (Loss) Continuing Operations	335	-529	1,649	1,314	1,004	2,012	1,182	772	248	1,742
Consolidated Net Income / (Loss)	335	-529	1,649	1,314	1,004	2,012	1,182	772	248	1,742
Depreciation Expense	264	513	451	397	379	541	598	749	815	841
Non-Cash Adjustments To Reconcile Net Income	-190	-214	209	59	219	2.00	98	206	155	204
Changes in Operating Assets and Liabilities, net	509	1,172	-652	-144	112	-794	232	189	462	-137
Net Cash From Investing Activities	126	217	-352	-466	-635	846	-1,588	-459	-1,211	-1,287
Net Cash From Continuing Investing Activities	126	217	-352	-466	-635	846	-1,588	-459	-1,211	-1,287
Purchase of Property, Plant & Equipment	-254	-317	-399	-502	-643	-620	-372	-471	-587	-747
Sale of Property, Plant & Equipment	54	534	47	33	8.00	154	71	0.00	0.00	-
Divestitures	326	0.00	0.00	-	-	-	-	-	-	-
Net Cash From Financing Activities	-473	-988	-1,899	-1,673	-1,605	-2,212	-1,211	-46	-1,820	-1,495
Net Cash From Continuing Financing Activities	-473	-988	-1,899	-1,673	-1,605	-2,212	-1,211	-46	-1,820	-1,495
Repayment of Debt	-1,416	-1,622	-707	-52	-1,139	-819	-214	-316	-26	-1,038
Repurchase of Common Equity	0.00	-408	-1,799	-2,047	-850	-963	-361	-460	-1,090	-1,087
Payment of Dividends	-585	-582	-610	-649	-673	-713	-726	-561	-727	-664
Issuance of Debt	1,500	1,600	1,200	1,000	994	245	0.00	1,232	0.00	1,196
Issuance of Common Equity	66	68	68	108	103	69	113	86	79	98
Other Financing Activities, net	-38	-44	-51	-33	-40	-31	-23	-27	-56	0.00
Effect of Exchange Rate Changes	1.00	0.00	0.00	-	-	-1.00	-	-	-3.00	-
Cash Interest Paid	303	327	244	184	226	223	237	172	200	216
Cash Income Taxes Paid	30	32	33	44	51	39	43	33	40	285

This table details how cash moves in and out of Seagate Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/28/2025	12/27/2024	9/27/2024	6/28/2024	3/29/2024	12/29/2023	9/29/2023	6/30/2023	3/31/2023	12/30/2022	9/30/2022
Net Change in Cash & Equivalents	-424	-1.00	-119	563	8.00	-8.00	9.00	20	-4.00	9.00	146
Net Cash From Operating Activities	259	221	95	434	188	169	127	218	228	251	245
Net Cash From Continuing Operating Activities	259	221	95	434	188	169	127	218	228	251	245
Net Income / (Loss) Continuing Operations	340	336	305	513	25	-19	-184	-92	-433	-33	29
Consolidated Net Income / (Loss)	340	336	305	513	25	-19	-184	-92	-433	-33	29
Depreciation Expense	63	63	64	63	63	62	76	104	126	148	135
Non-Cash Adjustments To Reconcile Net Income	56	107	46	-260	35	25	10	-115	15	-156	42
Changes in Operating Assets and Liabilities, net	-200	-285	-320	118	65	101	225	321	520	292	39
Net Cash From Investing Activities	-8.00	-70	-68	283	-52	-35	-70	469	-42	-77	-133
Net Cash From Continuing Investing Activities	-8.00	-70	-68	283	-52	-35	-70	469	-42	-77	-133
Purchase of Property, Plant & Equipment	-43	-71	-68	-54	-60	-70	-70	-50	-54	-79	-134
Sale of Property, Plant & Equipment	10	-	-	11	8.00	-	-	519	12	2.00	1.00
Net Cash From Financing Activities	-675	-152	-146	-154	-128	-142	-49	-667	-190	-165	34
Net Cash From Continuing Financing Activities	-675	-152	-146	-154	-128	-142	-49	-667	-190	-165	34
Repayment of Debt	-538	-	0.00	-	-	-2.00	-1,414	-1,528	-73	-20	-1.00
Payment of Dividends	-152	-148	-147	-147	-147	-146	-145	-145	-145	-145	-147
Issuance of Common Equity	24	3.00	29	-	22	9.00	35	9.00	30	-	29
Other Financing Activities, net	-9.00	-7.00	-28	-7.00	-3.00	-3.00	-25	-3.00	-2.00	-	-39

This table presents Seagate Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/28/2024	6/30/2023	7/1/2022	7/2/2021	7/3/2020	6/28/2019	6/29/2018	6/30/2017	7/1/2016	7/3/2015
Total Assets	7,739	7,556	8,944	8,675	8,930	8,885	9,410	9,268	8,213	9,845
Total Current Assets	3,332	2,905	4,033	3,779	4,114	4,363	4,310	5,041	3,533	5,568
Cash & Equivalents	1,358	786	615	1,209	1,722	2,220	1,853	2,539	1,125	2,479
Accounts Receivable	429	621	1,532	1,158	1,115	989	1,184	1,199	1,318	1,735
Inventories, net	1,239	1,140	1,565	1,204	1,142	970	1,053	982	868	993
Other Current Assets	306	358	321	208	135	184	220	321	216	233
Plant, Property, & Equipment, net	1,614	1,706	2,239	2,181	2,129	1,869	1,792	1,875	2,160	2,278
Total Noncurrent Assets	2,793	2,945	2,672	2,715	2,687	2,653	3,308	2,352	2,520	1,999
Goodwill	1,219	1,237	1,237	1,237	1,237	1,237	1,237	1,238	1,237	874
Noncurrent Deferred & Refundable Income Taxes	1,037	1,117	1,132	1,117	1,120	1,114	417	609	616	496
Other Noncurrent Operating Assets	537	591	294	332	272	191	1,466	224	219	259
Total Liabilities & Shareholders' Equity	7,739	7,556	8,944	8,675	8,930	8,885	9,410	9,268	8,213	9,845
Total Liabilities	9,230	8,755	8,835	8,044	7,143	6,723	7,745	7,904	6,620	6,827
Total Current Liabilities	3,099	2,592	3,555	2,921	2,722	2,232	3,190	2,626	2,249	2,343
Short-Term Debt	479	63	584	245	19	0.00	499	0.00	-	-
Accounts Payable	1,786	1,603	2,058	1,725	1,808	1,420	1,728	1,626	1,517	1,540
Accrued Expenses	728	826	661	669	671	643	710	763	548	547
Current Employee Benefit Liabilities	106	100	252	282	224	169	253	237	184	256
Total Noncurrent Liabilities	6,131	6,163	5,280	5,123	4,421	4,491	4,555	5,278	4,371	4,484
Long-Term Debt	5,195	5,388	5,062	4,894	4,156	4,253	4,320	5,021	4,091	4,155
Other Noncurrent Operating Liabilities	936	775	218	229	265	234	225	242	266	296
Total Equity & Noncontrolling Interests	-1,491	-1,199	109	631	1,787	2,162	1,665	1,364	1,593	3,018
Total Preferred & Common Equity	-1,491	-1,199	109	631	1,787	2,162	1,665	1,364	1,593	3,018
Total Common Equity	-1,491	-1,199	109	631	1,787	2,162	1,665	1,364	1,593	3,018
Common Stock	7,471	7,373	7,190	6,977	6,757	6,545	6,377	6,152	5,929	5,734
Retained Earnings	-8,960	-8,670	-7,117	-6,305	-4,904	-4,349	-4,696	-4,771	-4,311	-2,686
Accumulated Other Comprehensive Income / (Loss)	-2.00	98	36	-41	-66	-34	-16	-17	-25	-30

This table presents Seagate Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/28/2025	12/27/2024	9/27/2024	6/28/2024	3/29/2024	12/29/2023	9/29/2023	6/30/2023	3/31/2023	12/30/2022	9/30/2022
Total Assets	7,564	7,959	7,972	7,739	7,096	7,149	7,196	7,556	7,967	7,867	8,611
Total Current Assets	3,282	3,662	3,608	3,332	2,615	2,628	2,636	2,905	3,597	3,081	3,740
Cash & Equivalents	814	1,238	1,239	1,358	795	787	795	786	766	770	761
Accounts Receivable	622	587	628	429	332	471	521	621	994	840	1,098
Inventories, net	1,472	1,473	1,383	1,239	1,191	1,053	1,052	1,140	1,200	1,194	1,606
Other Current Assets	374	364	358	306	297	317	268	358	637	277	275
Plant, Property, & Equipment, net	1,613	1,595	1,599	1,614	1,639	1,642	1,652	1,706	1,753	2,122	2,196
Total Noncurrent Assets	2,669	2,702	2,765	2,793	2,842	2,879	2,908	2,945	2,617	2,664	2,675
Goodwill	1,219	1,219	1,219	1,219	1,237	1,237	1,237	1,237	1,237	1,237	1,237
Noncurrent Deferred & Refundable Income Taxes	1,026	1,032	1,038	1,037	1,052	1,074	1,087	1,117	1,127	1,135	1,137
Other Noncurrent Operating Assets	424	451	508	537	553	568	584	591	252	289	296
Total Liabilities & Shareholders' Equity	7,564	7,959	7,972	7,739	7,096	7,149	7,196	7,556	7,967	7,867	8,611
Total Liabilities	8,393	9,038	9,272	9,230	8,985	8,963	8,898	8,755	8,971	8,337	8,962
Total Current Liabilities	2,412	2,969	3,161	3,099	3,062	2,529	2,473	2,592	3,639	2,725	3,138
Short-Term Debt	0.00	479	479	479	479	0.00	0.00	63	1,118	636	636
Accounts Payable	1,467	1,567	1,778	1,786	1,672	1,619	1,511	1,603	1,697	1,085	1,712
Accrued Expenses	703	719	756	728	836	824	874	826	740	897	684
Current Employee Benefit Liabilities	242	204	148	106	75	86	88	100	84	107	106
Total Noncurrent Liabilities	5,981	6,069	6,111	6,131	5,923	6,434	6,425	6,163	5,332	5,612	5,824
Long-Term Debt	5,146	5,200	5,197	5,195	5,192	5,669	5,666	5,388	4,840	5,393	5,613
Other Noncurrent Operating Liabilities	835	869	914	936	731	765	759	775	492	219	211
Total Equity & Noncontrolling Interests	-829	-1,079	-1,300	-1,491	-1,889	-1,814	-1,702	-1,199	-1,004	-470	-351
Total Preferred & Common Equity	-829	-1,079	-1,300	-1,491	-1,889	-1,814	-1,702	-1,199	-1,004	-470	-351
Total Common Equity	-829	-1,079	-1,300	-1,491	-1,889	-1,814	-1,702	-1,199	-1,004	-470	-351
Common Stock	7,648	7,577	7,533	7,471	7,433	7,377	7,338	7,373	7,342	7,281	7,248
Retained Earnings	-8,476	-8,654	-8,831	-8,960	-9,319	-9,194	-9,025	-8,670	-8,430	-7,850	-7,672
Accumulated Other Comprehensive Income / (Loss)	-1.00	-2.00	-2.00	-2.00	-3.00	3.00	-15	98	84	99	73

This table displays calculated financial ratios and metrics derived from Seagate Technology's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/28/2024	6/30/2023	7/1/2022	7/2/2021	7/3/2020	6/28/2019	6/29/2018	6/30/2017	7/1/2016	7/3/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-11.28%	-36.68%	9.18%	1.64%	1.15%	-7.10%	3.83%	-3.49%	-18.77%	0.11%
EBITDA Growth	711.54%	-94.53%	21.09%	23.30%	-22.45%	-7.27%	24.80%	38.70%	-57.54%	14.87%
EBIT Growth	306.53%	-119.89%	22.99%	29.10%	-19.78%	-6.44%	57.66%	120.91%	-78.63%	24.56%
NOPAT Growth	242.13%	-112.47%	32.02%	14.99%	-42.00%	60.10%	36.42%	147.88%	-77.87%	1.55%
Net Income Growth	163.33%	-132.08%	25.49%	30.88%	-50.10%	70.22%	53.11%	211.29%	-85.76%	10.96%
EPS Growth	161.72%	-134.78%	37.31%	41.42%	-46.32%	74.32%	56.98%	214.63%	-84.41%	16.37%
Operating Cash Flow Growth	-2.55%	-43.15%	1.91%	-5.13%	-2.67%	-16.66%	10.28%	14.05%	-36.60%	3.60%
Free Cash Flow Firm Growth	-31.60%	6.97%	18.33%	-7.08%	-53.39%	353.45%	-66.16%	217.12%	-56.13%	-27.55%
Invested Capital Growth	-18.49%	-32.57%	12.69%	7.57%	1.07%	-9.41%	20.41%	-15.53%	-2.88%	14.51%
Revenue Q/Q Growth	4.55%	-12.20%	-3.20%	4.87%	1.41%	-4.27%	3.99%	-2.25%	-2.40%	-2.64%
EBITDA Q/Q Growth	114.00%	-73.36%	-7.29%	21.77%	-8.87%	-8.02%	15.01%	2.78%	-7.72%	-4.20%
EBIT Q/Q Growth	320.74%	-697.92%	-9.87%	28.57%	-9.07%	-10.43%	25.47%	7.56%	-16.99%	-5.77%
NOPAT Q/Q Growth	196.40%	-4,175.00%	-6.69%	17.68%	-40.83%	36.39%	31.87%	7.00%	-14.13%	-11.98%
Net Income Q/Q Growth	224.07%	-228.57%	-11.11%	31.66%	-44.87%	35.03%	41.56%	6.04%	-21.27%	-9.51%
EPS Q/Q Growth	221.54%	-212.20%	-8.68%	34.00%	-43.01%	37.35%	41.61%	6.17%	-22.64%	-8.36%
Operating Cash Flow Q/Q Growth	30.77%	4.20%	-15.24%	5.86%	-3.38%	-1.12%	11.92%	-1.34%	2.31%	-11.55%
Free Cash Flow Firm Q/Q Growth	-25.42%	95.61%	-13.18%	2.58%	-54.44%	7,201.63%	-63.61%	-1.65%	48.12%	-12.54%
Invested Capital Q/Q Growth	-5.42%	-17.24%	4.32%	3.33%	-1.00%	-13.02%	42.06%	0.87%	-1.32%	3.99%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	23.45%	18.30%	29.75%	27.31%	27.04%	28.22%	30.08%	29.47%	23.43%	27.72%
EBITDA Margin	16.10%	1.76%	20.38%	18.38%	15.15%	19.76%	19.80%	16.47%	11.46%	21.92%
Operating Margin	6.90%	-4.63%	16.77%	13.97%	12.37%	14.31%	14.61%	9.79%	3.99%	14.98%
EBIT Margin	12.07%	-5.19%	16.52%	14.66%	11.54%	14.55%	14.45%	9.52%	4.16%	15.80%
Profit (Net Income) Margin	5.11%	-7.16%	14.14%	12.30%	9.55%	19.36%	10.57%	7.17%	2.22%	12.68%
Tax Burden Percent	75.28%	106.65%	98.21%	97.48%	97.29%	146.65%	83.36%	94.72%	90.51%	88.43%
Interest Burden Percent	56.26%	129.50%	87.18%	86.08%	85.08%	90.74%	87.75%	79.51%	59.05%	90.74%
Effective Tax Rate	24.72%	0.00%	1.79%	2.52%	2.71%	-46.65%	16.64%	5.28%	9.49%	11.57%
Return on Invested Capital (ROIC)	10.82%	-5.56%	39.59%	33.05%	29.99%	49.41%	32.14%	23.77%	8.72%	41.44%
ROIC Less NNEP Spread (ROIC-NNEP)	10.70%	-11.54%	33.54%	28.65%	18.36%	42.67%	25.53%	15.45%	2.03%	36.14%
Return on Net Nonoperating Assets (RNNOA)	-35.72%	102.63%	406.09%	75.63%	20.86%	55.73%	45.91%	28.44%	2.04%	18.11%
Return on Equity (ROE)	-24.91%	97.06%	445.68%	108.68%	50.85%	105.15%	78.05%	52.22%	10.76%	59.56%
Cash Return on Invested Capital (CROIC)	31.20%	33.34%	27.65%	25.76%	28.92%	59.29%	13.61%	40.61%	11.64%	27.92%
Operating Return on Assets (OROA)	10.34%	-4.64%	21.86%	17.79%	13.62%	16.53%	17.30%	11.73%	5.14%	22.45%
Return on Assets (ROA)	4.38%	-6.41%	18.72%	14.93%	11.27%	22.00%	12.66%	8.83%	2.75%	18.02%
Return on Common Equity (ROCE)	-24.91%	97.06%	445.68%	108.68%	50.85%	105.15%	78.05%	52.22%	10.76%	59.56%
Return on Equity Simple (ROE_SIMPLE)	-22.47%	44.12%	1,512.84%	208.24%	56.18%	93.06%	70.99%	56.60%	15.57%	57.72%
Net Operating Profit after Tax (NOPAT)	340	-239	1,920	1,454	1,265	2,181	1,362	998	403	1,820
NOPAT Margin	5.19%	-3.24%	16.47%	13.62%	12.03%	20.99%	12.18%	9.27%	3.61%	13.25%
Net Nonoperating Expense Percent (NNEP)	0.12%	5.97%	6.05%	4.40%	11.62%	6.75%	6.61%	8.32%	6.69%	5.31%
Cost of Revenue to Revenue	76.55%	81.70%	70.25%	72.69%	72.96%	71.78%	69.92%	70.53%	76.57%	72.28%
SG&A Expenses to Revenue	7.02%	6.65%	4.79%	4.70%	4.50%	4.36%	5.03%	5.63%	5.69%	6.24%
R&D to Revenue	9.98%	10.79%	8.07%	8.45%	9.26%	9.54%	9.17%	11.44%	11.08%	9.85%
Operating Expenses to Revenue	16.55%	22.93%	12.98%	13.34%	14.67%	13.91%	15.47%	19.68%	19.44%	12.74%
Earnings before Interest and Taxes (EBIT)	791	-383	1,926	1,566	1,213	1,512	1,616	1,025	464	2,171
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,055	130	2,377	1,963	1,592	2,053	2,214	1,774	1,279	3,012
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	125.55	28.18	5.83	4.91	7.49	6.13	3.08	3,200,707.13
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	21.16	13.05	51.98	0.00	0.00	5,445,171.44
Price to Revenue (P/Rev)	3.31	1.68	1.17	1.67	0.99	1.02	1.12	0.78	0.44	703,088.59
Price to Earnings (P/E)	64.73	0.00	8.30	13.53	10.37	5.28	10.55	10.84	19.79	5,545,197.55
Dividend Yield	2.71%	4.68%	4.35%	4.26%	6.36%	6.57%	5.80%	8.93%	14.78%	8.15%
Earnings Yield	1.54%	0.00%	12.05%	7.39%	9.64%	18.94%	9.48%	9.23%	5.05%	0.00%
Enterprise Value to Invested Capital (EV/IC)	9.20	4.92	3.64	4.76	3.03	3.02	3.33	2.82	1.73	2,060,523.85
Enterprise Value to Revenue (EV/Rev)	3.97	2.31	1.61	2.03	1.22	1.22	1.38	1.01	0.71	703,088.71
Enterprise Value to EBITDA (EV/EBITDA)	24.65	131.16	7.87	11.06	8.08	6.17	6.97	6.12	6.15	3,207,083.60
Enterprise Value to EBIT (EV/EBIT)	32.87	0.00	9.72	13.87	10.61	8.37	9.55	10.59	16.96	4,449,440.72
Enterprise Value to NOPAT (EV/NOPAT)	76.41	0.00	9.75	14.93	10.17	5.80	11.34	10.87	19.53	5,308,086.03
Enterprise Value to Operating Cash Flow (EV/OCF)	28.32	18.10	11.30	13.35	7.51	7.19	7.31	5.66	4.68	3,645,183.32
Enterprise Value to Free Cash Flow (EV/FCFF)	26.50	11.89	13.96	19.16	10.55	4.84	26.76	6.36	14.63	7,880,254.36
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-3.81	-4.55	51.80	8.14	2.34	1.97	2.89	3.68	2.57	1.38
Long-Term Debt to Equity	-3.48	-4.49	46.44	7.76	2.33	1.97	2.59	3.68	2.57	1.38
Financial Leverage	-3.34	-8.90	12.11	2.64	1.14	1.31	1.80	1.84	1.00	0.50
Leverage Ratio	-5.69	-15.14	23.81	7.28	4.51	4.78	6.17	5.91	3.92	3.31
Compound Leverage Factor	-3.20	-19.60	20.76	6.27	3.84	4.34	5.41	4.70	2.31	3.00
Debt to Total Capital	135.64%	128.20%	98.11%	89.06%	70.03%	66.30%	74.32%	78.64%	71.97%	57.93%
Short-Term Debt to Total Capital	11.45%	1.48%	10.15%	4.25%	0.32%	0.00%	7.70%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	124.19%	126.72%	87.96%	84.82%	69.71%	66.30%	66.63%	78.64%	71.97%	57.93%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-35.64%	-28.20%	1.89%	10.94%	29.97%	33.70%	25.68%	21.36%	28.03%	42.07%
Debt to EBITDA	5.38	41.93	2.38	2.62	2.62	2.07	2.18	2.83	3.20	1.38
Net Debt to EBITDA	4.09	35.88	2.12	2.00	1.54	0.99	1.34	1.40	2.31	0.55
Long-Term Debt to EBITDA	4.92	41.45	2.13	2.49	2.61	2.07	1.95	2.83	3.20	1.38
Debt to NOPAT	16.68	-22.77	2.94	3.53	3.30	1.95	3.54	5.03	10.16	2.28
Net Debt to NOPAT	12.68	-19.49	2.62	2.70	1.94	0.93	2.18	2.49	7.35	0.92
Long-Term Debt to NOPAT	15.27	-22.51	2.64	3.37	3.29	1.95	3.17	5.03	10.16	2.28
Altman Z-Score	1.01	0.10	1.89	2.25	1.92	2.28	2.17	1.75	1.44	848,960.75
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.08	1.12	1.13	1.29	1.51	1.95	1.35	1.92	1.57	2.38
Quick Ratio	0.58	0.54	0.60	0.81	1.04	1.44	0.95	1.42	1.09	1.80
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	981	1,435	1,341	1,133	1,220	2,617	577	1,705	538	1,226
Operating Cash Flow to CapEx	459.00%	0.00%	470.74%	346.70%	269.92%	377.90%	701.99%	406.79%	286.20%	354.75%
Free Cash Flow to Firm to Interest Expense	2.72	11.66	5.39	5.15	6.07	11.68	2.45	7.68	2.79	5.92
Operating Cash Flow to Interest Expense	2.54	7.66	6.65	7.39	8.53	7.86	8.95	8.63	8.70	12.80
Operating Cash Flow Less CapEx to Interest Expense	1.99	9.42	5.24	5.26	5.37	5.78	7.68	6.51	5.66	9.19
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.86	0.90	1.32	1.21	1.18	1.14	1.20	1.23	1.24	1.42
Accounts Receivable Turnover	12.48	6.86	8.67	9.40	9.99	9.56	9.39	8.56	7.31	7.93
Inventory Turnover	4.22	4.46	5.92	6.62	7.26	7.37	7.69	8.21	9.18	10.04
Fixed Asset Turnover	3.95	3.74	5.28	4.96	5.26	5.68	6.10	5.34	5.03	6.23
Accounts Payable Turnover	2.96	3.30	4.33	4.40	4.75	4.74	4.66	4.83	5.59	6.43
Days Sales Outstanding (DSO)	29.25	53.21	42.10	38.84	36.54	38.17	38.89	42.65	49.93	46.01
Days Inventory Outstanding (DIO)	86.57	81.83	61.69	55.14	50.27	49.50	47.49	44.44	39.75	36.35
Days Payable Outstanding (DPO)	123.33	110.75	84.28	83.05	76.84	77.03	78.27	75.50	65.29	56.77
Cash Conversion Cycle (CCC)	-7.50	24.29	19.51	10.94	9.97	10.64	8.10	11.59	24.38	25.59
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,825	3,466	5,140	4,561	4,240	4,195	4,631	3,846	4,553	4,688
Invested Capital Turnover	2.08	1.72	2.40	2.43	2.49	2.35	2.64	2.56	2.42	3.13
Increase / (Decrease) in Invested Capital	-641	-1,674	579	321	45	-436	785	-707	-135	594
Enterprise Value (EV)	26,002	17,051	18,716	21,715	12,866	12,658	15,440	10,850	7,867	9,659,735,797
Market Capitalization	21,686	12,386	13,685	17,785	10,413	10,625	12,474	8,368	4,907	9,659,734,127
Book Value per Share	($7.10)	($5.79)	$0.51	$2.76	$6.96	$7.81	$5.80	$4.60	$5.34	$0.00
Tangible Book Value per Share	($12.91)	($11.76)	($5.29)	($2.77)	$1.92	$2.94	$0.84	($0.52)	($0.31)	$0.00
Total Capital	4,183	4,252	5,755	5,770	5,962	6,415	6,484	6,385	5,684	7,173
Total Debt	5,674	5,451	5,646	5,139	4,175	4,253	4,819	5,021	4,091	4,155
Total Long-Term Debt	5,195	5,388	5,062	4,894	4,156	4,253	4,320	5,021	4,091	4,155
Net Debt	4,316	4,665	5,031	3,930	2,453	2,033	2,966	2,482	2,960	1,670
Capital Expenditures (CapEx)	200	-217	352	469	635	466	301	471	587	747
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-646	-410	447	-106	-311	-89	-234	-124	153	740
Debt-free Net Working Capital (DFNWC)	712	376	1,062	1,103	1,411	2,131	1,619	2,415	1,284	3,225
Net Working Capital (NWC)	233	313	478	858	1,392	2,131	1,120	2,415	1,284	3,225
Net Nonoperating Expense (NNE)	5.27	290	271	140	261	169	180	226	155	78
Net Nonoperating Obligations (NNO)	4,316	4,665	5,031	3,930	2,453	2,033	2,966	2,482	2,960	1,670
Total Depreciation and Amortization (D&A)	264	513	451	397	379	541	598	749	815	841
Debt-free, Cash-free Net Working Capital to Revenue	-9.86%	-5.55%	3.83%	-0.99%	-2.96%	-0.86%	-2.09%	-1.15%	1.37%	5.39%
Debt-free Net Working Capital to Revenue	10.87%	5.09%	9.11%	10.33%	13.43%	20.51%	14.48%	22.42%	11.51%	23.47%
Net Working Capital to Revenue	3.56%	4.24%	4.10%	8.03%	13.25%	20.51%	10.01%	22.42%	11.51%	23.47%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.60	($2.56)	$7.50	$5.43	$3.83	$7.13	$4.10	$2.61	$0.83	$5.38
Adjusted Weighted Average Basic Shares Outstanding	209M	207M	220M	242M	262M	282M	288M	296M	299M	324M
Adjusted Diluted Earnings per Share	$1.58	($2.56)	$7.36	$5.36	$3.79	$7.06	$4.05	$2.58	$0.82	$5.26
Adjusted Weighted Average Diluted Shares Outstanding	212M	207M	224M	245M	265M	285M	292M	299M	302M	331M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	420.39M	207.39M	417.51M	455.21M	514.92M	269.04M	287.18M	291.81M	298.61M	302.03M
Normalized Net Operating Profit after Tax (NOPAT)	318	42	1,923	1,462	1,345	1,026	1,436	1,167	561	1,848
Normalized NOPAT Margin	4.85%	0.57%	16.49%	13.69%	12.79%	9.87%	12.84%	10.83%	5.03%	13.45%
Pre Tax Income Margin	6.79%	-6.72%	14.40%	12.62%	9.82%	13.21%	12.68%	7.57%	2.46%	14.34%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.19	-3.11	7.73	7.12	6.03	6.75	6.85	4.62	2.40	10.49
NOPAT to Interest Expense	0.94	-1.95	7.71	6.61	6.29	9.74	5.77	4.50	2.09	8.79
EBIT Less CapEx to Interest Expense	1.64	-1.35	6.32	4.99	2.88	4.67	5.57	2.50	-0.64	6.88
NOPAT Less CapEx to Interest Expense	0.39	-0.18	6.30	4.48	3.13	7.65	4.50	2.38	-0.95	5.18
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	174.63%	-110.02%	36.99%	49.39%	67.03%	35.44%	61.42%	72.67%	293.15%	38.12%
Augmented Payout Ratio	174.63%	-187.15%	146.09%	205.18%	151.69%	83.30%	91.96%	132.25%	732.66%	100.52%

This table displays calculated financial ratios and metrics derived from Seagate Technology's official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/28/2025	12/27/2024	9/27/2024	6/28/2024	3/29/2024	12/29/2023	9/29/2023	6/30/2023	3/31/2023	12/30/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	30.51%	49.52%	49.11%	17.79%	-11.02%	-17.59%	-28.55%	-39.04%	-33.62%	-39.44%	-34.67%
EBITDA Growth	147.50%	251.80%	1,045.00%	492.98%	201.01%	872.22%	-82.76%	-75.85%	-137.64%	-102.64%	-66.67%
EBIT Growth	215.33%	453.25%	1,194.44%	6,030.00%	142.28%	146.39%	-137.11%	-97.10%	-178.26%	-128.87%	-83.61%
NOPAT Growth	569.70%	439.72%	530.75%	1,545.10%	127.95%	177.50%	-178.57%	-94.85%	-152.14%	-119.81%	-80.13%
Net Income Growth	1,260.00%	1,868.42%	265.76%	657.61%	105.77%	42.42%	-734.48%	-133.33%	-225.14%	-106.59%	-94.49%
EPS Growth	1,208.33%	1,822.22%	260.23%	640.00%	105.74%	43.75%	-728.57%	-134.88%	-233.97%	-107.17%	-93.86%
Operating Cash Flow Growth	37.77%	30.77%	-25.20%	99.08%	-17.54%	-32.67%	-48.16%	21.11%	-50.43%	-51.82%	-50.60%
Free Cash Flow Firm Growth	-108.17%	-90.35%	-77.58%	-44.43%	143.52%	3,789.39%	780.14%	850.74%	675.40%	-199.33%	-281.27%
Invested Capital Growth	17.27%	9.58%	-1.01%	-18.49%	-28.68%	-35.94%	-38.31%	-32.57%	-15.00%	-1.30%	8.24%
Revenue Q/Q Growth	-7.10%	7.24%	14.89%	14.02%	6.43%	6.95%	-9.24%	-13.87%	-1.43%	-7.27%	-22.56%
EBITDA Q/Q Growth	1.23%	6.77%	-32.25%	238.00%	43.88%	247.50%	-64.91%	157.58%	-1,000.00%	-107.76%	-50.85%
EBIT Q/Q Growth	1.41%	8.12%	-35.73%	347.45%	77.92%	313.89%	-460.00%	103.09%	-95.18%	-271.13%	-71.88%
NOPAT Q/Q Growth	-11.89%	20.44%	29.91%	385.75%	-28.99%	196.12%	-596.15%	108.25%	-96.88%	-197.45%	-67.50%
Net Income Q/Q Growth	1.19%	10.16%	-40.55%	1,952.00%	231.58%	89.67%	-100.00%	78.75%	-1,212.12%	-213.79%	-89.49%
EPS Q/Q Growth	1.29%	9.93%	-41.98%	1,925.00%	233.33%	89.77%	-95.56%	78.47%	-1,206.25%	-214.29%	-89.15%
Operating Cash Flow Q/Q Growth	17.19%	132.63%	-78.11%	130.85%	11.24%	33.07%	-41.74%	-4.39%	-9.16%	2.45%	36.11%
Free Cash Flow Firm Q/Q Growth	-159.15%	-58.55%	-55.24%	-25.52%	-30.16%	-3.72%	10.96%	226.36%	1,158.16%	82.25%	-22.48%
Invested Capital Q/Q Growth	4.19%	7.17%	11.04%	-5.42%	-2.64%	-3.19%	-8.57%	-17.24%	-12.55%	-6.77%	-0.06%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.19%	34.92%	32.93%	31.80%	25.68%	23.28%	10.25%	18.98%	17.15%	13.04%	23.69%
EBITDA Margin	22.92%	21.03%	21.13%	35.82%	12.08%	8.94%	2.75%	7.12%	-10.65%	-0.95%	11.40%
Operating Margin	19.95%	20.99%	18.59%	16.64%	8.64%	7.97%	-8.87%	1.62%	-16.94%	-8.48%	5.26%
EBIT Margin	20.00%	18.32%	18.17%	32.49%	8.28%	4.95%	-2.48%	0.62%	-17.42%	-8.80%	4.77%
Profit (Net Income) Margin	15.74%	14.45%	14.07%	27.19%	1.51%	-1.22%	-12.65%	-5.74%	-23.28%	-1.75%	1.43%
Tax Burden Percent	95.77%	96.00%	96.52%	95.35%	43.10%	475.00%	125.17%	108.24%	108.25%	86.84%	107.41%
Interest Burden Percent	82.18%	82.16%	80.20%	87.77%	42.34%	-5.19%	408.33%	-850.00%	123.46%	22.89%	27.84%
Effective Tax Rate	4.23%	4.00%	3.48%	4.65%	56.90%	0.00%	0.00%	0.00%	0.00%	0.00%	-7.41%
Return on Invested Capital (ROIC)	50.29%	50.36%	41.34%	33.05%	6.51%	9.19%	-10.17%	1.95%	-21.88%	-11.51%	12.09%
ROIC Less NNEP Spread (ROIC-NNEP)	48.71%	47.52%	39.54%	37.80%	5.78%	7.11%	-11.98%	-0.32%	-26.26%	-9.87%	10.31%
Return on Net Nonoperating Assets (RNNOA)	-165.03%	-153.13%	-122.58%	-126.21%	-20.11%	-31.56%	60.46%	2.88%	436.80%	-1,688.75%	397.21%
Return on Equity (ROE)	-114.74%	-102.77%	-81.24%	-93.16%	-13.60%	-22.37%	50.29%	4.83%	414.92%	-1,700.26%	409.31%
Cash Return on Invested Capital (CROIC)	32.41%	30.03%	29.34%	31.20%	36.68%	38.57%	37.65%	33.34%	16.09%	16.50%	21.42%
Operating Return on Assets (OROA)	23.30%	19.49%	17.41%	27.83%	6.89%	4.27%	-2.13%	0.56%	-17.12%	-9.54%	5.86%
Return on Assets (ROA)	18.34%	15.37%	13.48%	23.29%	1.26%	-1.05%	-10.89%	-5.14%	-22.88%	-1.90%	1.75%
Return on Common Equity (ROCE)	-114.74%	-102.77%	-81.24%	-93.16%	-13.60%	-22.37%	50.29%	4.83%	414.92%	-1,700.26%	409.31%
Return on Equity Simple (ROE_SIMPLE)	-180.22%	-109.27%	-63.38%	0.00%	14.29%	40.13%	43.60%	0.00%	16.04%	-131.49%	-328.21%
Net Operating Profit after Tax (NOPAT)	413	468	389	299	62	87	-90	18	-221	-112	115
NOPAT Margin	19.11%	20.15%	17.94%	15.87%	3.72%	5.58%	-6.21%	1.14%	-11.85%	-5.94%	5.65%
Net Nonoperating Expense Percent (NNEP)	1.58%	2.84%	1.80%	-4.76%	0.73%	2.09%	1.81%	2.27%	4.38%	-1.65%	1.78%
Return On Investment Capital (ROIC_SIMPLE)	9.56%	10.18%	-	-	-	2.25%	-	-	-	-	-
Cost of Revenue to Revenue	64.81%	65.08%	67.07%	68.20%	74.32%	76.72%	89.75%	81.02%	82.85%	86.96%	76.31%
SG&A Expenses to Revenue	6.44%	5.98%	5.95%	6.94%	7.01%	6.95%	7.22%	7.12%	6.61%	6.62%	6.34%
R&D to Revenue	8.33%	7.91%	8.35%	8.37%	9.91%	10.35%	11.76%	10.74%	10.27%	10.60%	11.50%
Operating Expenses to Revenue	15.23%	13.94%	14.35%	15.16%	17.04%	15.31%	19.12%	17.35%	34.09%	21.52%	18.43%
Earnings before Interest and Taxes (EBIT)	432	426	394	613	137	77	-36	10	-324	-166	97
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	495	489	458	676	200	139	40	114	-198	-18	232
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.11	2.30	3.15	3.31	3.09	2.68	1.95	1.68	1.55	1.10	0.98
Price to Earnings (P/E)	12.03	15.68	27.74	64.73	0.00	0.00	0.00	0.00	0.00	16.62	8.99
Dividend Yield	3.34%	3.23%	2.57%	2.71%	3.03%	3.38%	4.37%	4.68%	4.43%	5.63%	5.64%
Earnings Yield	8.31%	6.38%	3.61%	1.54%	0.00%	0.00%	0.00%	0.00%	0.00%	6.02%	11.12%
Enterprise Value to Invested Capital (EV/IC)	6.37	6.82	8.70	9.20	8.12	7.25	5.73	4.92	4.36	3.24	3.09
Enterprise Value to Revenue (EV/Rev)	2.61	2.85	3.76	3.97	3.87	3.44	2.67	2.31	2.17	1.66	1.50
Enterprise Value to EBITDA (EV/EBITDA)	10.53	12.58	18.53	24.65	49.17	234.02	0.00	131.16	37.39	12.81	8.29
Enterprise Value to EBIT (EV/EBIT)	11.96	14.60	22.35	32.87	128.95	0.00	0.00	0.00	0.00	22.50	11.08
Enterprise Value to NOPAT (EV/NOPAT)	14.23	18.21	30.57	76.41	211.17	0.00	0.00	0.00	0.00	21.20	10.93
Enterprise Value to Operating Cash Flow (EV/OCF)	22.11	24.44	30.81	28.32	34.53	29.96	22.02	18.10	20.19	13.67	11.27
Enterprise Value to Free Cash Flow (EV/FCFF)	21.21	23.75	29.51	26.50	18.42	14.67	11.61	11.89	24.88	19.52	14.97
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-6.21	-5.26	-4.37	-3.81	-3.00	-3.13	-3.33	-4.55	-5.93	-12.83	-17.80
Long-Term Debt to Equity	-6.21	-4.82	-4.00	-3.48	-2.75	-3.13	-3.33	-4.49	-4.82	-11.47	-15.99
Financial Leverage	-3.39	-3.22	-3.10	-3.34	-3.48	-4.44	-5.05	-8.90	-16.63	171.16	38.53
Leverage Ratio	-5.39	-5.22	-5.05	-5.69	-5.21	-6.57	-7.70	-15.14	-29.35	307.89	68.90
Compound Leverage Factor	-4.43	-4.29	-4.05	-4.99	-2.20	0.34	-31.44	128.67	-36.24	70.48	19.18
Debt to Total Capital	119.20%	123.46%	129.71%	135.64%	149.95%	147.06%	142.94%	128.20%	120.27%	108.45%	105.95%
Short-Term Debt to Total Capital	0.00%	10.41%	10.95%	11.45%	12.67%	0.00%	0.00%	1.48%	22.57%	11.44%	10.78%
Long-Term Debt to Total Capital	119.20%	113.04%	118.76%	124.19%	137.28%	147.06%	142.94%	126.72%	97.70%	97.01%	95.17%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-19.20%	-23.46%	-29.71%	-35.64%	-49.95%	-47.06%	-42.94%	-28.20%	-20.27%	-8.45%	-5.95%
Debt to EBITDA	2.43	3.12	3.85	5.38	11.50	59.67	-91.39	41.93	12.21	4.97	3.27
Net Debt to EBITDA	2.05	2.44	3.01	4.09	9.89	51.39	-78.56	35.88	10.64	4.34	2.87
Long-Term Debt to EBITDA	2.43	2.85	3.53	4.92	10.53	59.67	-91.39	41.45	9.92	4.45	2.93
Debt to NOPAT	3.28	4.51	6.36	16.68	49.40	-27.55	-14.00	-22.77	-1,063.93	8.23	4.31
Net Debt to NOPAT	2.76	3.53	4.97	12.68	42.47	-23.72	-12.04	-19.49	-927.14	7.18	3.79
Long-Term Debt to NOPAT	3.28	4.13	5.82	15.27	45.23	-27.55	-14.00	-22.51	-864.29	7.36	3.87
Altman Z-Score	1.17	1.00	1.07	0.93	0.33	0.32	0.10	0.27	0.31	0.52	0.80
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.36	1.23	1.14	1.08	0.85	1.04	1.07	1.12	0.99	1.13	1.19
Quick Ratio	0.60	0.61	0.59	0.58	0.37	0.50	0.53	0.54	0.48	0.59	0.59
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-103	174	421	940	1,263	1,808	1,878	1,692	519	-49	-276
Operating Cash Flow to CapEx	784.85%	311.27%	139.71%	1,009.30%	361.54%	241.43%	181.43%	0.00%	542.86%	325.97%	184.21%
Free Cash Flow to Firm to Interest Expense	-1.27	2.08	4.95	11.47	15.40	21.52	16.62	16.75	6.65	0.00	-3.89
Operating Cash Flow to Interest Expense	3.20	2.63	1.12	5.29	2.29	2.01	1.12	2.16	2.92	0.00	3.45
Operating Cash Flow Less CapEx to Interest Expense	2.79	1.79	0.32	4.77	1.66	1.18	0.50	6.80	2.38	0.00	1.58
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.17	1.06	0.96	0.86	0.83	0.86	0.86	0.90	0.98	1.08	1.23
Accounts Receivable Turnover	17.90	15.19	12.65	12.48	9.45	9.87	8.40	6.86	7.19	8.35	8.82
Inventory Turnover	4.25	4.34	4.24	4.22	4.20	4.75	4.35	4.46	4.93	5.69	5.43
Fixed Asset Turnover	5.25	4.96	4.47	3.95	3.69	3.44	3.54	3.74	4.26	4.31	4.80
Accounts Payable Turnover	3.60	3.44	3.14	2.96	2.98	3.95	3.59	3.30	3.62	4.87	4.36
Days Sales Outstanding (DSO)	20.39	24.03	28.86	29.25	38.62	36.97	43.43	53.21	50.74	43.69	41.38
Days Inventory Outstanding (DIO)	85.96	84.06	86.05	86.57	86.82	76.84	83.85	81.83	74.03	64.14	67.22
Days Payable Outstanding (DPO)	101.32	106.03	116.24	123.33	122.33	92.46	101.68	110.75	100.73	74.90	83.67
Cash Conversion Cycle (CCC)	5.02	2.07	-1.32	-7.50	3.11	21.35	25.61	24.29	24.04	32.94	24.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,503	3,362	3,137	2,825	2,987	3,068	3,169	3,466	4,188	4,789	5,137
Invested Capital Turnover	2.63	2.50	2.30	2.08	1.75	1.65	1.64	1.72	1.85	1.94	2.14
Increase / (Decrease) in Invested Capital	516	294	-32	-641	-1,201	-1,721	-1,968	-1,674	-739	-63	391
Enterprise Value (EV)	22,310	22,927	27,294	26,002	24,242	22,232	18,147	17,051	18,247	15,528	15,850
Market Capitalization	17,978	18,486	22,857	21,686	19,366	17,350	13,276	12,386	13,055	10,269	10,362
Book Value per Share	($3.92)	($5.10)	($6.18)	($7.10)	($9.02)	($8.67)	($8.21)	($5.79)	($4.86)	($2.28)	($1.68)
Tangible Book Value per Share	($9.67)	($10.86)	($11.98)	($12.91)	($14.92)	($14.59)	($14.17)	($11.76)	($10.86)	($8.28)	($7.63)
Total Capital	4,317	4,600	4,376	4,183	3,782	3,855	3,964	4,252	4,954	5,559	5,898
Total Debt	5,146	5,679	5,676	5,674	5,671	5,669	5,666	5,451	5,958	6,029	6,249
Total Long-Term Debt	5,146	5,200	5,197	5,195	5,192	5,669	5,666	5,388	4,840	5,393	5,613
Net Debt	4,332	4,441	4,437	4,316	4,876	4,882	4,871	4,665	5,192	5,259	5,488
Capital Expenditures (CapEx)	33	71	68	43	52	70	70	-469	42	77	133
Debt-free, Cash-free Net Working Capital (DFCFNWC)	56	-66	-313	-646	-763	-688	-632	-410	310	222	477
Debt-free Net Working Capital (DFNWC)	870	1,172	926	712	32	99	163	376	1,076	992	1,238
Net Working Capital (NWC)	870	693	447	233	-447	99	163	313	-42	356	602
Net Nonoperating Expense (NNE)	73	132	84	-214	37	106	94	110	213	-79	86
Net Nonoperating Obligations (NNO)	4,332	4,441	4,437	4,316	4,876	4,882	4,871	4,665	5,192	5,259	5,488
Total Depreciation and Amortization (D&A)	63	63	64	63	63	62	76	104	126	148	135
Debt-free, Cash-free Net Working Capital to Revenue	0.66%	-0.82%	-4.31%	-9.86%	-12.18%	-10.63%	-9.29%	-5.55%	3.69%	2.37%	4.51%
Debt-free Net Working Capital to Revenue	10.19%	14.59%	12.75%	10.87%	0.51%	1.53%	2.40%	5.09%	12.79%	10.61%	11.70%
Net Working Capital to Revenue	10.19%	8.62%	6.15%	3.56%	-7.13%	1.53%	2.40%	4.24%	-0.50%	3.81%	5.69%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.60	$1.58	$1.45	$2.45	$0.12	($0.09)	($0.88)	($0.45)	($2.09)	($0.16)	$0.14
Adjusted Weighted Average Basic Shares Outstanding	212M	212M	211M	209M	210M	209M	208M	207M	207M	206M	208M
Adjusted Diluted Earnings per Share	$1.57	$1.55	$1.41	$2.43	$0.12	($0.09)	($0.88)	($0.45)	($2.09)	($0.16)	$0.14
Adjusted Weighted Average Diluted Shares Outstanding	216M	217M	216M	212M	213M	209M	208M	207M	207M	206M	210M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	212.22M	211.71M	211.53M	420.39M	209.99M	209.51M	209.18M	207.39M	207.08M	206.48M	206.45M
Normalized Net Operating Profit after Tax (NOPAT)	422	469	390	297	102	65	-89	13	3.50	-55	81
Normalized NOPAT Margin	19.55%	20.19%	17.99%	15.72%	6.13%	4.19%	-6.11%	0.79%	0.19%	-2.93%	3.99%
Pre Tax Income Margin	16.44%	15.05%	14.58%	28.51%	3.50%	-0.26%	-10.11%	-5.31%	-21.51%	-2.01%	1.33%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.33	5.07	4.64	7.48	1.67	0.92	-0.32	0.10	-4.15	0.00	1.37
NOPAT to Interest Expense	5.10	5.58	4.58	3.65	0.75	1.03	-0.80	0.18	-2.83	0.00	1.62
EBIT Less CapEx to Interest Expense	4.93	4.23	3.84	6.95	1.04	0.08	-0.94	4.74	-4.69	0.00	-0.51
NOPAT Less CapEx to Interest Expense	4.69	4.73	3.78	3.13	0.12	0.20	-1.42	4.82	-3.37	0.00	-0.25
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	39.76%	49.96%	71.24%	174.63%	-215.93%	-79.81%	-78.17%	-110.02%	-365.84%	96.76%	52.43%
Augmented Payout Ratio	39.76%	49.96%	71.24%	174.63%	-215.93%	-79.81%	-78.17%	-187.15%	-921.12%	308.90%	207.12%

Frequently Asked Questions About Seagate Technology's Financials

When does Seagate Technology's financial year end?

According to the most recent income statement we have on file, Seagate Technology's fiscal year ends in June. Their fiscal year 2024 ended on June 28, 2024.

How has Seagate Technology's net income changed over the last 9 years?

Seagate Technology's net income appears to be on a downward trend, with a most recent value of $335 million in 2024, falling from $1.74 billion in 2015. The previous period was -$529 million in 2023. See where experts think Seagate Technology is headed by visiting Seagate Technology's forecast page.

What is Seagate Technology's operating income?

Seagate Technology's total operating income in 2024 was $452 million, based on the following breakdown:

Total Gross Profit: $1.54 billion
Total Operating Expenses: $1.08 billion

How has Seagate Technology revenue changed over the last 9 years?

Over the last 9 years, Seagate Technology's total revenue changed from $13.74 billion in 2015 to $6.55 billion in 2024, a change of -52.3%.

How much debt does Seagate Technology have?

Seagate Technology's total liabilities were at $9.23 billion at the end of 2024, a 5.4% increase from 2023, and a 35.2% increase since 2015.

How much cash does Seagate Technology have?

In the past 9 years, Seagate Technology's cash and equivalents has ranged from $615 million in 2022 to $2.54 billion in 2017, and is currently $1.36 billion as of their latest financial filing in 2024.

How has Seagate Technology's book value per share changed over the last 9 years?

Over the last 9 years, Seagate Technology's book value per share changed from 0.00 in 2015 to -7.10 in 2024, a change of -710.0%.

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This page (NASDAQ:STX) was last updated on 5/29/2025 by MarketBeat.com Staff

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